Franklin FTSE South Korea ETF (NYSEARCA:FLKR – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 136,712 shares, a decrease of 64.8% from the June 15th total of 388,689 shares. Based on an average trading volume of 1,088,559 shares, the short-interest ratio is currently 0.1 days. Approximately 0.7% of the shares of the stock are sold short.
Hedge Funds Weigh In On Franklin FTSE South Korea ETF
Hedge funds have recently added to or reduced their stakes in the business. MRA Advisory Group acquired a new position in shares of Franklin FTSE South Korea ETF during the 2nd quarter worth approximately $272,000. Boltwood Capital Management lifted its holdings in shares of Franklin FTSE South Korea ETF by 1.2% during the 2nd quarter. Boltwood Capital Management now owns 17,175 shares of the company’s stock worth $1,135,000 after acquiring an additional 200 shares during the period. EverSource Wealth Advisors LLC raised its stake in Franklin FTSE South Korea ETF by 50.1% during the first quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the company’s stock worth $73,000 after purchasing an additional 608 shares during the period. Cetera Investment Advisers purchased a new position in shares of Franklin FTSE South Korea ETF in the 1st quarter worth $382,000. Finally, Spartan Wealth Advisory Services LLC acquired a new position in shares of Franklin FTSE South Korea ETF in the 1st quarter valued at about $1,334,000.
Franklin FTSE South Korea ETF Price Performance
Shares of FLKR opened at $60.04 on Monday. The company has a 50-day simple moving average of $62.39 and a 200-day simple moving average of $48.65. Franklin FTSE South Korea ETF has a 52-week low of $23.88 and a 52-week high of $72.49. The company has a market capitalization of $1.24 billion, a PE ratio of 10.49 and a beta of 1.46.
Franklin FTSE South Korea ETF Company Profile
The Franklin FTSE South Korea ETF (FLKR) is an exchange-traded fund that is based on the FTSE South Korea RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap South Korean companies. FLKR was launched on Nov 2, 2017 and is managed by Franklin Templeton.
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